FedEx UK made four acquisitions totalling £13.8m in the past 10 months – but has declined the opportunity to say why. The acquisitions are noted as events that took place after the closure of the most recent financial year at the UK arm of the international express delivery giant on 31 May 2016. On 3 June 2016 it acquired 100% of Roseglen Enterprises for £1.9m. Companies House describes the activities of the firm as “postal activities under universal service obligation”. […]
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month.
Woodland Logistics has purchased Courier Elite, based in Peterborough, Cambridgeshire.